1. Trump Can Send a Company’s Stock Into The Gutter
Every CEO of every public company will probably be sitting on pins and needles during Trump’s address. Just last month, pharmaceutical stocks lost $25.6 billion in market cap during 20 minutes of a Trump press conference. In December, Boeing stock dropped as a result of a Trump tweet.
So which companies are at risk? He might go after the insurance industry, the auto industry—hell, he could go after the sidewalk chalk industry for outsourcing jobs to Mexico.
Should President Trump malign an industry or a company during his speech to congress, which isn’t unlikely, Wednesday’s opening numbers might be a royal headache for executives and investors alike.
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